Are We Protected From Another Financial Crisis

Do you think the government has taken care of us from another financial collapse like the one from 2008? You may want to take a look at this article — here is an excerpt.

-$236,637,271,000,000 – According to the U.S. government, this is the total exposure that the top 25 banks in the United States have to derivatives contracts. But those banks only have total assets of about 9.4 trillion dollars combined. In other words, the exposure of our largest banks to derivatives outweighs their total assets by a ratio of about 25 to 1.

Read the full article here – http://www.dcclothesline.com/2014/06/12/12-numbers-global-financial-ponzi-scheme-burned-brain/

 

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2 thoughts on “Are We Protected From Another Financial Crisis

  1. usawoman says:

    I have to admit that my brain doesn’t “do” numbers well anymore, but these are frightening, to say the least. How can anyone look at that and not know a fall is coming? The question is not if, but when.

    • Honestly – the numbers are so stark, you don’t need to be really good with numbers to see there are major problems. Well, that is if a person looks at the numbers without the fog of the spin that is so prevalent…..

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